Navy slashes Next-Gen Fighter program by $7 billion in new five-year plan

By Jason Sherman / April 2, 2024 at 5:31 PM
Correction : The original version of the story incorrectly said the Navy had cut all funding --$11.7 billion -- for its Next-Generation Fighter program in the fiscal year 2025 budget plan; the story was corrected on April 8 to note the Navy is indeed funding the program -- but at a level $7 billion below previously planned . Inside Defense regrets the error. In FY-24, the Navy forecasted a five-year plan to invest $11.7 billion...

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